2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Orchard Road, East Cowes, Isle of Wight
£105,500

Our Summary

  • In need of some renovation throughout, it is the perfect home to put your stamp on
  • Terraced house perfect to put your own stamp on

Description

This property is a terraced house in East Cowes that is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property is in need of renovation and is being sold with a Lifetime Lease, which allows those aged 60 or over to purchase a share of the property value (up to 50%) to safeguard for the future. The cost to purchase the Lifetime Lease is £105,500, which is less than the full market value of £160,000. The plan allows customers to save between 20% to 50% of the market value, and the price will vary according to age, personal circumstances, and requirements. The property has a sunny rear garden and is located close to local amenities.